Iams Wealth Management LLC Increases Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Iams Wealth Management LLC boosted its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 4.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,534 shares of the company’s stock after acquiring an additional 155 shares during the period. Iams Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $856,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. AQR Capital Management LLC purchased a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at about $488,000. NewEdge Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF by 78.5% during the second quarter. NewEdge Advisors LLC now owns 23,955 shares of the company’s stock worth $6,245,000 after buying an additional 10,538 shares in the last quarter. Regal Investment Advisors LLC raised its holdings in VanEck Semiconductor ETF by 15.9% in the 2nd quarter. Regal Investment Advisors LLC now owns 8,771 shares of the company’s stock valued at $2,287,000 after acquiring an additional 1,203 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in VanEck Semiconductor ETF by 54.8% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 23,153 shares of the company’s stock worth $6,036,000 after buying an additional 8,198 shares during the last quarter. Finally, Truist Financial Corp increased its position in VanEck Semiconductor ETF by 12.7% during the second quarter. Truist Financial Corp now owns 46,048 shares of the company’s stock worth $12,005,000 after purchasing an additional 5,200 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 0.1 %

Shares of SMH opened at $240.12 on Wednesday. VanEck Semiconductor ETF has a twelve month low of $184.15 and a twelve month high of $283.07. The firm has a market capitalization of $23.11 billion, a P/E ratio of 18.82 and a beta of 1.35. The stock’s fifty day simple moving average is $248.43 and its 200 day simple moving average is $244.95.

VanEck Semiconductor ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were paid a $1.0713 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

About VanEck Semiconductor ETF

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is managed by VanEck.